470 REFLECTION LAKE ROAD - $5,598,000

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$5,598,000
470 REFLECTION LAKE ROAD
Golden, British Columbia V0A1H6
MLS® Number: 10400928
OtherType

About This Property

Mountain Shadows MHP offers an opportunity to acquire an established income-producing asset with future development potential in the growing Golden market. The Property benefits from existing cash flow while providing upside through additional site development. Surplus land and an existing septic capacity area capable of supporting up to 88 sites present a compelling value-add opportunity for investors, developers, and resort operators seeking to increase revenues and enhance long-term asset value. Unlike traditional development opportunities requiring substantial carrying costs before generating income, Mountain Shadows provides immediate cash flow while allowing strategic implementation of future expansion plans. Its unzoned status affords flexibility for future site development, subject to applicable servicing and regulatory requirements. Potential uses may include additional manufactured home sites, park model units, RV pads, or short-term accommodation offerings designed to capitalize on the region's strong tourism market and year-round recreational appeal. Expanding site count while maintaining ongoing operations creates an attractive phased development scenario, allowing purchasers to grow revenues while mitigating development risk. Additional sites could be marketed to individual purchasers seeking mountain recreation properties, with opportunities for personal use and participation in rental programs, creating multiple avenues for value creation. Call your Agent! (id:64973)

Property Details

Lot Size45.29 (45 acres)
Property TypeOther
ViewMountain view
Annual Taxes$9,487
CityGolden
Postal CodeV0A1H6
MLS® #10400928

Location

Interested in buying in Golden?

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